HealthSage secures €3M Seed investment for open source AI healthcare platform

HealthSage transforms dense, hard-to-navigate unstructured clinical notes into clear, actionable information.
HealthSage secures €3M Seed investment for open source AI healthcare platform

HealthSage has raised € 3 million Seed investment to enhance and scale its open generative AI platform, which is fully dedicated to healthcare. 

Beyond reducing the administrative burden for healthcare professionals (up to 40 per cent of their time), AI holds the potential to provide clinical decision support, address staffing shortages through virtual interactions, empower patients to become better-informed health consumers, and enable value-based care through better insights into vast amounts of clinical data. 

According to founder Harm-Jan Wessels:

 "Generative AI represents the biggest technology shift that I have witnessed in my career. Using AI, we can help healthcare professionals to move away from countless hours of information chasing and clerical tasks, so they can focus on what matters most: patient care."  

On 1 December 2023, HealthSage AI launched Note-to-FHIR ( Fast Healthcare Interoperability Resources) , a specialized Large Language Model (LLM) that transforms unstructured medical notes into a structured FHIR output: the global standard for electronic healthcare information exchange. 

The structured information can be used to automatically create a patient overview, offering healthcare professionals a concise summary of a patient's health issues without the need to sift through unstructured notes. 

It can also simplify administrative duties, such as the creation of discharge letters and support clinical decision-making by automatically leveraging structured data. It also has the capability to transform complex clinical notes into language that is easily understandable for patients, making them better informed in their own care. 

HealthSage AI was founded on three key principles: Open, Responsible, and Safe. This means embracing open source practices, adhering to all EU AI regulations, and ensuring the HealthSage AI LLMs are trained and trusted by the healthcare community. Compliance is fundamental to HealthSages AI's approach, with a focus on privacy and data protection. 

Peak led the investment with co-investments from Healthy Capital, Rubio Impact Ventures and serial health tech entrepreneurs Jaap Maljers and Jeroen Tas. 

Johan van Mil, co-founder and managing partner at Peak, says: "Given the opportunity to improve diagnostic accuracy, patient care, and operational efficiency, we see a huge opportunity for AI in the health space. Given the founders' track record in building and scaling companies in medtech, we see Healthsage AI as the leading player to revolutionize the medical industry." 

This funding enables HealthSage AI to grow its team, commercialize its offerings, and accelerate customer deployments with real impact on healthcare professionals and patients. 

Lead image: HealthSage AI founders: Marcel Alberti and Harm-Jan Wessels. Photo: uncredited. 

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